Sansera Engineering Limited
listed
₹14,680Min. investment
Sansera Engineering Limited IPO Details
Issue size
₹1,283Cr
IPO type
Mainboard
Price range
₹734 – ₹744
Listing date
24 Sep 2021
Lot size
20 shares
Price range₹734 – ₹744
IPO type
Regular
Lot size20 shares
Issue size₹1,283Cr
Sansera Engineering Limited Timeline
- Bid start14 Sep 2021
- Bid end16 Sep 2021
- Allotment16 Sep 2021
- Release of funds22 Sep 2021
- Demat transfer21 Sep 2021
- Listing24 Sep 2021
Sansera Engineering Limited IPO Details
Incorporated in 1981, Sansera Engineering manufactures complex and critical components for automotive and non-automotive sectors. The company makes components and assemblies that are used in two-wheelers, passenger vehicles and commercial vehicles. It derives around 88% of its revenue from sale of products to the automotive sector.
The remaining 12% comes from supplying components to various non-automotive sectors such as aerospace, off-road, agriculture, engineering and capital goods.
The company is one of the top 10 global suppliers of connecting rods for the light vehicles such as cars and commercial vehicle segments. It’s customer base includes some of the top Indian global players including Toyota, Maruti Suzuki, Yamaha, Bajaj Auto and Stellantis NV. Sansera Engineering caters to its customers through 15 manufacturing units in India and 1 in Sweden.
Meanwhile, its revenue has shrunk at a CAGR of 2.3% between FY19 and FY21. But its net profit has grown by 5.8% on a CAGR basis in the same period.
About the issue
The ₹1,283 crore IPO is fully an offer for sale and the proceeds will go to the promoters and investors of the company.
Checklist
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Sansera Engineering Limited Contact Details
Company NameSansera Engineering Limited
How to apply for Sansera Engineering Limited?
- Step 1
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- Step 2
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- Step 3
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- Step 4
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- Step 5
Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.